Method and apparatus for optimizing a currency validator/dispenser

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20060219516A1
SERIAL NO

11098498

Stats

ATTORNEY / AGENT: (SPONSORED)

Importance

Loading Importance Indicators... loading....

Abstract

See full text

A banknote validator/dispenser having a plurality of banknote accumulators includes a computer control module that stores banknote receipt and dispensing transaction history information. The computer control module uses this information as part of a statistical analysis used to vary an operating procedure of the banknote validator/dispenser. In one embodiment, the operating procedure is associated with a decision whether to accept a transaction requiring the dispensing of change from banknotes stored in the banknote accumulators. This decision includes an assessment of the ability to accept future transactions if the current transaction is accepted. In a different embodiment the operating procedure is associated with a change in the denomination of banknotes being accumulated. This change is assessed, based on the statistical analysis, including an assessment of the operating performance of the current setup and the operating performance of a proposed setup and preferably, an assessment of a decrease in performance during a transition period.

Loading the Abstract Image... loading....

First Claim

See full text

Family

Loading Family data... loading....

Patent Owner(s)

Patent OwnerAddress
CRANE CANADA COCONCORD ONTARIO L4K 4S3

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Baydin, Dmytro Toronto, CA 9 134
Bogdan, Mishunin Toronto, CA 1 8
Khvostov, Vitold Kiev, UA 5 17
Repetyuk, Dmytro Thornhill, CA 4 14
Rusakov, Yuriy Toronto, CA 7 42
Saltsov, Leon Thornhill, CA 35 409

Cited Art Landscape

Load Citation

Patent Citation Ranking

Forward Cite Landscape

Load Citation